DE GUSSEM: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
DE GUSSEM
Largest movements
- Cash +€27,979
up €27,979 (+47.6%), from €58,825 to €86,804
mainly Net result for the year (+€43,454) and Depreciation (+€23,058)
- Tangible fixed assets -€22,428
down €22,428 (-5.5%), from €410,440 to €388,012
of which Land and buildings: -€16,528
- Receivables within one year +€12,230
up €12,230 (+66.6%), from €18,355 to €30,586
of which Trade receivables: +€25,554
- Profit (loss) carried forward +€43,454
up €43,454 (+34.8%), from €124,813 to €168,267
- Debts after one year -€27,862
down €27,862 (-9.9%), from €281,235 to €253,373
- Gross operating margin +€20,281
up €20,281 (+30.6%), from €66,200 to €86,480
- Taxes +€4,290
up €4,290 (+37.0%), from €11,587 to €15,877
- Depreciation +€4,112
up €4,112 (+21.7%), from €18,945 to €23,058
- Other operating charges +€909
up €909 (+47.0%), from €1,934 to €2,843
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €489,798 | €507,649 | +€17,851 | +3.6% |
| Fixed assets | 21/28 | €410,440 | €388,012 | -€22,428 | -5.5% |
| Tangible fixed assets | 22/27 | €410,440 | €388,012 | -€22,428 | -5.5% |
| Land and buildings | 22 | €381,008 | €364,480 | -€16,528 | -4.3% |
| Plant, machinery and equipment | 23 | €338 | €661 | +€323 | +95.8% |
| Furniture and vehicles | 24 | €29,094 | €22,871 | -€6,223 | -21.4% |
| Current assets | 29/58 | €79,358 | €119,637 | +€40,279 | +50.8% |
| Amounts receivable within one year | 40/41 | €18,355 | €30,586 | +€12,230 | +66.6% |
| Trade receivables | 40 | €2,391 | €27,945 | +€25,554 | +1068.9% |
| Other amounts receivable | 41 | €15,965 | €2,641 | -€13,324 | -83.5% |
| Cash at bank and in hand | 54/58 | €58,825 | €86,804 | +€27,979 | +47.6% |
| Deferred charges and accrued income | 490/1 | €2,178 | €2,247 | +€69 | +3.2% |
| Total equity and liabilities | 10/49 | €489,798 | €507,649 | +€17,851 | +3.6% |
| Equity | 10/15 | €145,273 | €188,727 | +€43,454 | +29.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €124,813 | €168,267 | +€43,454 | +34.8% |
| Amounts payable | 17/49 | €344,525 | €318,922 | -€25,603 | -7.4% |
| Amounts payable after more than one year | 17 | €281,235 | €253,373 | -€27,862 | -9.9% |
| Financial debts | 170/4 | €281,235 | €253,373 | -€27,862 | -9.9% |
| Amounts payable within one year | 42/48 | €63,291 | €65,549 | +€2,259 | +3.6% |
| Current portion of amounts payable after more than one year | 42 | €27,476 | €27,862 | +€386 | +1.4% |
| Trade debts | 44 | €5,776 | €3,623 | -€2,153 | -37.3% |
| Suppliers | 440/4 | €5,776 | €3,623 | -€2,153 | -37.3% |
| Taxes, remuneration and social security | 45 | €143 | €518 | +€375 | +261.8% |
| Taxes | 450/3 | €143 | €518 | +€375 | +261.8% |
| Other amounts payable | 47/48 | €29,896 | €33,546 | +€3,650 | +12.2% |
| Non-recurring operating income | 76A | €4,000 | - | -€4,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,945 | €23,058 | +€4,112 | +21.7% |
| Other operating charges | 640/8 | €1,934 | €2,843 | +€909 | +47.0% |
| Gross operating margin | 9900 | €66,200 | €86,480 | +€20,281 | +30.6% |
| Operating profit (loss) | 9901 | €45,320 | €60,580 | +€15,260 | +33.7% |
| Financial income | 75/76B | €1,331 | €2,084 | +€754 | +56.6% |
| Recurring financial income | 75 | €1,331 | €2,084 | +€754 | +56.6% |
| Financial charges | 65/66B | €2,900 | €3,333 | +€433 | +14.9% |
| Recurring financial charges | 65 | €2,900 | €3,333 | +€433 | +14.9% |
| Profit (loss) for the period before taxes | 9903 | €43,751 | €59,331 | +€15,580 | +35.6% |
| Income taxes | 67/77 | €11,587 | €15,877 | +€4,290 | +37.0% |
| Profit (loss) for the period | 9904 | €32,164 | €43,454 | +€11,290 | +35.1% |
| Profit (loss) for the period to be appropriated | 9905 | €32,164 | €43,454 | +€11,290 | +35.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.